An
investment expert has recommended the First State Global Listed
Infrastructure fund for steady inflation protected income.
The fund invests in a diverse portfolio of securities from around
the world. 31.3 per cent of its asset weighting is in
North America while 42.1 per cent is in
Europe and it made a 13.28 per cent return in 2009.
Andy Parsons, advice team manager at The
Share Centre, says that it is suitable for anyone looking for
global equity exposure with a defensive and balanced return,
although he warned that they would need to take at least a
five-year outlook.
For investors comfortable with
investing in overseas markets who are seeking to add a
defensive quality to their portfolio with a balanced return, the
First State Global Listed Infrastructure fund could prove to be the
perfect choice, he commented.
Standard
Investments recently reported that global sales were driving
forward its business, with 80 per cent of third party net sales
coming from outside the UK.
Meanwhile,
Barclays Wealth has predicted that
emerging markets such as
China and
Brazil will deliver the best returns this year.